Potbelly (PBPB) Expected to Announce Quarterly Earnings on Thursday

Potbelly (NASDAQ:PBPB) is expected to be releasing its earnings data after the market closes on Thursday, March 6th. Analysts expect Potbelly to post earnings of $0.04 per share and revenue of $116.37 million for the quarter. Parties interested in registering for the company’s conference call can do so using this link.

Potbelly Stock Up 2.5 %

PBPB stock opened at $11.89 on Wednesday. The firm’s fifty day simple moving average is $11.29 and its 200-day simple moving average is $9.60. The company has a market capitalization of $355.95 million, a P/E ratio of 9.51 and a beta of 1.34. The company has a debt-to-equity ratio of 0.06, a current ratio of 0.49 and a quick ratio of 0.43. Potbelly has a 12 month low of $6.28 and a 12 month high of $14.00.

Insider Activity

In other Potbelly news, major shareholder David Nierenberg acquired 7,600 shares of the company’s stock in a transaction dated Tuesday, January 7th. The shares were acquired at an average cost of $9.23 per share, with a total value of $70,148.00. Following the acquisition, the insider now directly owns 101,998 shares of the company’s stock, valued at approximately $941,441.54. The trade was a 8.05 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this link. Insiders own 9.10% of the company’s stock.

About Potbelly

Potbelly Corporation, through its subsidiaries, owns, operates, and franchises Potbelly sandwich shops in the United States. The company was formerly known as Potbelly Sandwich Works, Inc and changed its name to Potbelly Corporation in 2002. Potbelly Corporation was founded in 1977 and is headquartered in Chicago, Illinois.